Risk & Compliance Lead

Bank of Ireland; Greater London; Hybrid; GBP 60,000 - 100,000; Full time

Benefits offered by this job

Hybrid working

Excellent pension contributions

Health insurance

6 months paid maternity leave

Education support

Job summary

Bank of Ireland UK Savings Programme delivers a major platform transformation with a hybrid working model. This 12-month fixed-term contract role focuses on risk and compliance across products and customer journeys, ensuring FCA rules, Consumer Duty and DPIA alignment.

You will review specifications, participate in governance, and produce risk insights while coordinating with 1LOD and 2LOD stakeholders in a fast-paced environment.

Qualifications

• There are no specific qualifications or minimum educational requirements needed for this role.

Responsibilities

• Deliver programme wide risk and compliance oversight, ensuring alignment with regulatory, policy and control requirements across products and customer journeys.
• Review product specifications and platform configurations to ensure solutions meet risk and compliance standards.
• Support governance by working with functional leads to manage dependencies, mitigate risks and inform decisions.
• Lead regulatory approvals and conduct requirements, including Financial Promotions, Consumer Duty and Data Protection Impact Assessments.
• Produce clear risk reporting and insights, maintaining visibility of key risks and supporting improvements in risk management practices.

Skills

Risk management

Compliance

Regulatory knowledge

Stakeholder management

Job description

What is the opportunity?

This is an exciting high impact opportunity to shape a major savings platform transformation, ensuring risk, compliance and customer outcomes are built in from design through to delivery. You will work closely with senior colleagues, influence key decisions, and help bring a compliant, customer centric proposition to market. It's an exciting role where you can drive strong risk practices while contributing to a complex, fast paced programme!

What is the opportunity?

This is an exciting high impact opportunity to shape a major savings platform transformation, ensuring risk, compliance and customer outcomes are built in from design through to delivery. You will work closely with senior colleagues, influence key decisions, and help bring a compliant, customer centric proposition to market. It's an exciting role where you can drive strong risk practices while contributing to a complex, fast paced programme! This is a 12 month fixed term contract role based in Belfast or London.

In This Role, You Will

• Deliver programme wide risk and compliance oversight, ensuring alignment with regulatory, policy and control requirements across products and customer journeys
• Review product specifications and platform configurations to ensure solutions meet risk and compliance standards
• Support governance and oversight by working with functional leads to manage dependencies, mitigate risks and inform decisions
• Lead regulatory approvals and conduct requirements, including Financial Promotions, Consumer Duty and Data Protection Impact Assessments (DPIA)
• Produce clear risk reporting and insights, maintaining visibility of key risks and supporting improvements in risk management practices

What will make you stand out?

You bring experience in risk, compliance or controls within financial services, ideally with exposure to retail banking or savings products. You are confident working across product development, propositions and customer experience, with a strong understanding of UK regulatory frameworks such as Financial Conduct Authority (FCA) rules, Consumer Duty and financial promotions. You are comfortable working on large transformation programmes, contributing to governance and regulatory processes. You build strong relationships across first and second line of defence (1LOD and 2LOD), and communicate clearly with senior stakeholders. Your analytical mindset helps you interpret risk data and provide meaningful insights that support decision?'making.

Experience with the following will help you stand out but is not required to apply for this role:

• Working with technical teams or understanding product development technology

Essential Qualifications

There are no specific qualifications or minimum educational requirements needed for this role.

More About The Team

The UK Savings Programme delivers strategic initiatives to modernise the Bank's technology and improve customer and product capabilities. The team is building a new savings platform, supported by digital channels and a cutting edge operating model. This includes working with third party Software as a Service (SaaS) providers and partners to create an end to end ecosystem for managing digital savings products in the UK market. You will be joining a collaborative, forward thinking team focused on delivering practical solutions that enhance customer experience and meet regulatory expectations. This is a hybrid role, based primarily in Belfast or London. We typically ask colleagues to spend a minimum of 8 days per month working in person to support collaboration and connection. Specific arrangements will be confirmed by your recruiter to ensure they meet the needs of the role and team.

Why work with us

Bank of Ireland prioritises work life balance with a commitment to hybrid working, along with 24 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid maternity leave, an innovative fertility and surrogacy policy along with working parent and carer supports. Your health and wellbeing is important to us; we offer a substantial health insurance contribution, Employee Assistance Programme, and financial wellbeing coaches. We also encourage and support colleagues to pursue educational and professional qualifications to grow and enhance your career.

Flexible working matching promise

We know how important flexible working arrangements are to our colleagues, and we promise to try to match your current flexible working arrangement in this new role (all existing working arrangements considered!).

Key Competencies

• Customer Focused - Leader
• Manage Risk - Leader
• Take Ownership - Leader
• Be Decisive - Leader
• Better together - Leader

We're on a continuous journey to build an inclusive and diverse workplace. We welcome applications from people of all backgrounds, lived experience, abilities and perspectives. We provide reasonable accommodations at every stage of our recruitment process for disabilities, neurodivergence or medical conditions. If you require an accommodation please complete this form and one of our recruitment team members will be in touch via email. Any information provided will be treated as confidential within the recruitment team and used only for the purpose of determining and providing appropriate accommodations for the application and recruitment process.

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.